Tag: Chinese tech company

  • Introducing Ori by Gowow: A Chinese Dirtbike that Reaches 100 Km/h

    Introducing Ori by Gowow: A Chinese Dirtbike that Reaches 100 Km/h

    Electric Motorcycle Startup Gowow Ori Challenges Established Names in the Industry

    Electric motorcycles have been gaining popularity in the adventure scene, particularly in off-roading. Joining this exciting trend is the Gowow Ori, a brainchild of a Chinese startup that aims to compete with the established names in the industry.

    Impressive Specs and Design

    The Gowow Ori stands out with its striking resemblance to Cake’s Kalk, boasting an enduro stance and minimalist design that makes it a head-turner. However, it’s not just about looks; the Ori also comes with impressive specifications. Weighing in at approximately 161 pounds and featuring a 50:50 weight distribution, it offers a perfect combination of agility and balance, essential for off-road maneuvering.

    Powerful Electric Motor and Long Range

    Underneath its sleek frame, the Ori is equipped with a powerful electric motor that churns out up to 420 Nm of torque. This impressive number is capped at a top speed of 100 km/h for safety reasons. The heart of this electric warrior is its battery, which promises a remarkable 62-mile range on a full charge. This range is quite impressive for a dirtbike, allowing riders to go on longer off-road adventures without worrying about running out of power.

    Smart Tech Integration

    Gowow has gone above and beyond by infusing the Ori with smart technology. Riders can now monitor their journey and the bike’s statistics in real-time through a bespoke app. This feature adds an extra level of convenience and safety to off-road adventures, giving riders a digital co-pilot to rely on.

    Robust Structure and Reliable Brakes

    The Gowow Ori features a blend of technology and practical design in its structure. Its double spar composite frame and four-link rear suspension system are tailor-made for challenging terrains, ensuring a smooth and comfortable ride. Additionally, the bike is equipped with hydraulic disc brakes, providing reliable stopping power even in the dirt.

    Road Use Approval and Pricing

    Interestingly, the Gowow Ori has received the green light for road use in Japan, categorized as a Type 2 moped. However, it comes with a slightly steep price tag compared to other options in the market. In the United States, the Ori is primarily marketed as an off-road enthusiast’s dream, without the street-legal status.

    Conclusion

    With its impressive specifications, sleek design, and smart tech integration, the Gowow Ori is a force to be reckoned with in the electric motorcycle industry. Whether you’re an off-road enthusiast or a thrill-seeker, this electric bike offers a unique and thrilling riding experience.

    Tags: , ,
  • 2023 Q3: Xiaomi Reports Strong Comeback, Achieving $9.92 Billion in Revenue

    2023 Q3: Xiaomi Reports Strong Comeback, Achieving $9.92 Billion in Revenue

    Xiaomi’s Q3 2023 Financial Report

    Xiaomi, the renowned Chinese tech company, has released its Q3 2023 financial report, showcasing impressive growth and achievements. The company’s commitment to innovation, affordability, and sustainability has solidified its position in the global market.

    Impressive Financial Performance

    According to the report, Xiaomi’s total revenue has skyrocketed to 70.9 billion yuan ($9.92 billion), marking a significant year-on-year growth of 182.9%. The company has also posted an adjusted net profit of 6 billion yuan ($840 million). These figures demonstrate Xiaomi’s continued success in various markets worldwide.

    Investment in Innovation

    Xiaomi’s success can be attributed, in large part, to its continuous investment in innovation, particularly in research and development (R&D). The company has allocated 5 billion yuan ($700 million) to R&D, representing a 22% year-on-year increase. This investment fuels Xiaomi’s “People, Car, Home” ecosystem strategy, with the introduction of the revolutionary Xiaomi HyperOS. Developed over seven years by a team of over 5,000 engineers, this operating system seamlessly connects billions of devices, showcasing Xiaomi’s commitment to building a comprehensive ecosystem.

    Smartphone Division and IoT Segment Growth

    Xiaomi’s smartphone division has experienced remarkable growth, with the Xiaomi 14 series leading the way. The series achieved a record gross margin of 16.6% and sold over a million units upon launch. Furthermore, Xiaomi has excelled in the Internet of Things (IoT) and consumer products segment, achieving historic highs in revenue at 20.7 billion yuan ($2.8 billion) and a gross margin of 17.8%. The company’s AIoT platform is now connected to an astonishing 699 million IoT devices, and the monthly active users of the Mi Home app have increased by 16% to reach 84 million.

    Global Recognition and Sustainability Efforts

    Xiaomi has maintained a top-three position in the global smartphone market for 13 consecutive quarters, solidifying its reputation as a leader in the industry. The company’s internet business has also thrived, with internet services revenue reaching 78.125 billion yuan ($10.9) and an impressive gross margin of 74.4%.

    In addition to technological achievements, Xiaomi is committed to environmentally friendly practices. The company aims to achieve carbon neutrality by 2040 and utilizes 100% renewable energy sources. Xiaomi has also been recognized as one of Forbes’ global best employers for three consecutive years, highlighting its dedication to its employees. Moreover, Xiaomi actively contributes to public welfare and education through initiatives like the Xiaomi Public Welfare Foundation and the Xiaomi Scholarship program.

    Conclusion

    Xiaomi’s Q3 2023 financial report showcases its remarkable growth, driven by innovation, affordability, and a commitment to sustainability. The company’s focus on R&D, the success of its smartphone division, and its expansion in the IoT segment have solidified its position in the global market. With its ongoing dedication to technological advancement and its contributions to society, Xiaomi is poised to continue its success in the years to come.

    Source: 1, 2

    Tags: , ,